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Petrobras selects Aker Kvaerner design for P-56 platform


WEBWIRE

The Brazilian oil company Petrobras has selected an Aker Kvaerner design for the hull of their new semisubmersible production platform to be located offshore Brazil, at the Marlim Sul deep water field development.

The design is a copy of the P-51 semisubmersible platform, developed by Aker Kvaerner for Petrobras in 2002. P-56 will be the third semisubmersible platform for Petrobras of this design. The new contract covers the additional licence as well as an option for utilizing technical assistance from Aker Kvaerner during the project.

“We are pleased to see that our floater technology and products for deep water once again has been selected for challenging development projects. This confirms our strategy of offering specialised products to the global market”, says Arnstein Ansnes, president of Aker Kvaerner Engineering & Technology.


For further information, please contact:

Media:
Torbjørn S. Andersen, SVP Corporate Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Kvaerner. Tel: +47 67 51 30 39

Career opportunities:
Visit http://www.akerkvaerner.com/Internet/CareerCentre

AKER KVÆRNER ASA, through its subsidiaries and affiliates (“Aker Kvaerner”), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals and Power Generation. The Aker Kvaerner group is organised in a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities.

The parent company in the group is Aker Kværner ASA. Aker Kvaerner has aggregated annual revenues of approximately NOK 50 billion and employs approximately 24 000 people in about 30 countries.

Aker Kvaerner is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine-resources industries. The Aker companies share a common set of values and long traditions of industrial innovation. As an industrial owner with a 40.27 percent holding in Aker Kvaerner, Aker ASA takes an active role in the development of its holdings.

Aker Kvaerner Engineering & Technology has about 850 employees and their main office is located at Lysaker near Oslo. The company has extensive experience and competence within the development of technology and concepts, in addition to execution of larger projects. Aker Kvaerner Engineering & Technology has been involved in the development of most oil and gas fields on the Norwegian Continental Shelf. The company has also played an active role in several terminal and onshore projects in Norway. The company is presently involved in several international projects based on their competence and products, such as LNG terminals.

This press release may include forward-looking information or statements and is subject to our disclaimer, see our web-pages www.akerkvaerner.com



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